Documents & Reports

Uruguay - Country partnership strategy for the period FY 2010 - 2015 (English)

Abstract

Uruguay has a strong history of broad-based social welfare and solid democratic institutions building on a deeply ingrained preference for equality and political consensus, which is still very present today. The country enjoyed the highest human development... See More +Uruguay has a strong history of broad-based social welfare and solid democratic institutions building on a deeply ingrained preference for equality and political consensus, which is still very present today. The country enjoyed the highest human development standards in the region during the last century. While the country has faced adverse developments in recent decades, these standards remain high, and Uruguay's society is still among the most equitable in the region in terms of income distribution and social indicators. This Country Partnership Strategy (CPS) covers the years 2010-15 and is aligned with the country's development vision. It proposes a Bank lending program of approximately US 700 million dollars, together with an active International Finance Corporation (IFC) program and a strategic joint Government-Bank program of Analytical and Advisory Services (AAA). The CPS will provide for flexibility to enable the program to respond to emerging needs. Rather than providing a detailed blueprint of the terms and scope of the partnership between the Government and Bank, the CPS aims at laying out the guiding principles for shaping this partnership. While it specifies the programs identified for the initial years of the partnership, sufficient flexibility is built into the CPS to allow for responding to evolving government priorities and needs.
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